Retirees’ biggest regret is saving too little, as Wharton Professor Olivia S. Mitchell explains to Robert “Bob” Powell of Decoding Retirement. Via yahoo!finance. …Read More
How to avoid retirement regrets
security
All My Friends Are Freezing Their Credit Right Now. Should I?
There is growing concern about sensitive personal information getting leaked, warns Wharton Professor, Olivia S. Mitchell, via Glamour.…Read More
How Can Family Fit Into Your Retirement Plans?
The extended family is an important part of retirement planning for many Americans. Indeed, in the past, family members frequently helped fill in gaps when people grew older. Yet today, people increasingly reach their senior years with few — or no — family members who can help. I believe that family concerns are often given inadequate consideration in retirement planning, and this article offers some facts and ideas to consider.…Read More
Improving Women’s Retirement Security
Older women confront many retirement security challenges. For one thing, women live longer than do men, so their money must stretch farther. For another, many average fewer years in the paid workforce and, when they do work, their average pay is often lower. Additionally, they are more likely to work part-time, for a lower salary. These factors all translate into lower retirement accumulations, smaller retirement payouts, and higher poverty rates in old age, as reported in a recent Society of Actuaries 2014 study “Impact of Retirement Risk on Women.”…Read More